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An  act  to  provi 
Conf  Pam  #294 

DTT117flbED 


MESSAGE  OF  THE  PRESIDENT. 


Richmond,  Va.,  March  5,  1863. 

2b  the  Senate  and  House  of  Representatives  : 

I  herewith  enclose,  for  your  information,  a  copy  of  an  ace  of  the 
Legislature  of  South  Carolina,  offering  a  guaranty  by  that  State  of 
the  bonds  of  the  Confederate  States,  to  which  I  invite  your  special  at- 
tention. 

JEFFERSON  DAVIS. 


Digitized  by  the  Internet  Archive 
in  2010  with  funding  from 
Duke  University  Libraries 


http://www.archive.org/details/acttoprovideforgOOsout 


[Copy.] 

THE  STATE  OF  SOUTH  CAROLINA. 

At  a  General  Assembly  begun  and  holden  at  Columbia,  on  the 
fourth  Monday  in  November,  in  the  year  of  our  Lord  one 
thousand  eight  hundred  and  sixty-two,  and  thence  continued 
by  divers  adjournments  to  the  eighteenth  day  of  December,  in 
the  same  year — 

An  Ad  to  provide  for  a  gunranfy  by  the  State  of  the  Bonds  of  the  Con- 
federate States. 

Be  it  enacted  by  the  Senate  and  House  of  .Represe7itntires  nov)  met  and 
sitting  in  General  AssewMy,  and  bx)  the  authority  of  the.  same.  That  the 
Governor  of  the  State,  for  the  time  being,  be  and  he  is  hereby  author- 
ized and  directed  to  endorse  the  guarantee  of  the  State  upon  the 
bonds  of  the  Confederate  Stated  of  America,  upon  the  application  of 
the  government  of  tlie  said  Confederate  States,  to  an  amount  equal 
to  the  proportionate  share  of  the  State  of  South  Carolina,  of  the  sura 
of  two  hundred  millions  of  dollars  in  the  .ratio  of  the  represon  ration 
of  said  State  in  the  House  of  Representatives  of  the  Coiifede- 
,  rate  Congress,  thereby  pledging  the  faith  and  the  funds  of  the 
State  for  the  payment  of  the  principal  of  the  said  bonds,  and 
the  interest  to  accrue  thereon  :  Proinded,  That  such  of  the  bonds,  as 
shall  be  sold  within  the  Confederate  States,  shall  be  disposed  of  to 
the  highest  bidder  :  And  provided  further.  That  in  the  sale,  whether  in 
this  country  or  abroad,  of  these  bonds,  this  State  and  the  citizens 
thereof  shall  have  the  right  to  purchase  the  bonds  under  its  guaran- 
tee, in  preference  to  all  purchasers  at  equal  bids. 

In  the  Senate  House,  the  eighteenth  day  of  December  in  the  year 
of  our  Lord  one  thousand  eight  hundred  and  sixty-two,  and 
in  the  eighty-seventh  year  of  the  sovereignty  of  the  indepen- 
dence of  the  Stale  of  South  Carolina. 

W.  D.  PORTER, 
President  of  the  Senate. 

A.  P.  ALDRICH, 

Speaker  of  the  House  of  Representatives. 


SECRETARY  OF  STATE'S  OFFICE,  ) 
Columbia,  S.  C,  Dec.  27,  1862.  S 

1  hereby  certify  the  foregoing  to  be  a  true  copy  of  an  act,  entitled 
"An  act  to  provide  for  a  guaranty  by  the  State  of  the  bonds  of  the 
Confederate  States,"  ratified  the  ISth  day  of  December,  A.  D,,  1862, 
and  now  on  file  at  this  office. 

Given  under  my  hand  and  seal  of  the  State. 

WM.   R.  IIUNTT, 
Deputy  Secrttary  of  State. 


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